Red Violet vs Soundthinking
Soundthinking is the larger business, with $104m of revenue in fiscal 2025 against $90.3m for Red Violet (1.2 times as much). Red Violet grew faster (20.0% against 2.1%). Red Violet kept more of each dollar of sales as profit: a net margin of 14.6% against -9.0%.
| Latest fiscal year | Red VioletRDVT, 2025 | SoundthinkingSSTI, 2025 |
|---|---|---|
| Revenue | $90.3m | $104m |
| Revenue growth | 20.0% | 2.1% |
| Net income | $13.2m | −$9.4m |
| Operating margin | — | -8.4% |
| Net margin | 14.6% | -9.0% |
| Return on equity | 14.0% | -13.0% |
| Free cash flow | $28.8m | $4.9m |
| Cash | $43.6m | $15.8m |
| Total debt | $0 | $4.0m |
| Debt to equity | — | 5.5% |
| Dividend per share | — | — |
| Dividend yield | 0.0% | — |
| Share buybacks | $915,000 | $3.0m |
| Employees | 250 | 305 |
| Market value | $1.12bn | $110m |
| Price vs our value range | Within our value range | — |
| Moat score | 22 (Weak) | 30 (Weak) |
| Insider trades, 12 months | 1 buys, 36 sales | 15 buys, 3 sales |